Chouteau County Free Library Foundation Inc
Nonprofit profile at a glance
- EIN
- 363790150
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990 2019, Form 990-EZ 2024
- Location
- Fort Benton, MT, USA
- Phone
- 4066225222
- Rating
- 94
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $27,049
- Expenses
- $35,767
- Assets
- $378,315
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
People named in this filing
- RICHARD JESPERSEN (CHAIRMAN)
- STACY BRONEC (VICE CHAIRMAN)
- TANYA ALLEN (SECRETARY/TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The primary exempt purpose of the organization is to meet the educational and literary needs of the people of chouteau county by managing funds, donations, and bequests that will provide ongoing services, programs, and maintenance of the chouteau county library, and the big sandy, geraldine, and highwood branch libraries.
What it reported doing in 2024
The foundation organizes, supervises, and provides supplies for a summer reading program for elementary-aged children. The program runs during summer vacation from school and served approximately 100 children during the fiscal year ended 06/30/25.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 100
- Sustainability: 50
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 88.3%; rating input score 88
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -32.2%; rating input score 18; 18th percentile among comparable filings
- Total-asset coverage ratio: 10.58; rating input score 92; 92nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 11.4% per year; rating input score 100; 74th percentile among comparable filings
- Revenue growth: -6.5% per year; rating input score 0; 31st percentile among comparable filings
- Asset growth: 2.8% per year; rating input score 100; 50th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 88.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $32K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 10 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 18/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.